The town of Clarksville is moving forward with big plans to revitalize the south part of town, including the riverfront. It's a 15-year plan, but improvements will likely start within a year. The town council unanimously approved the project Monday night.

Nadine Martin is new to Clarksville. She said she enjoys the town, but looks forward to the revitalization project.

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"Little restaurants, cafe kind of thing, you could eat outside, I know they have a lot of that in downtown Jeffersonville," said Martin.

All of that is on the way. Up to 700 new apartments or condos, a hotel, restaurants, retail space and a waterfront park are all in the newly approved plan. Developers want to capitalize on the view of downtown Louisville, as well as increase access to the Ohio River.

"Me and my wife, we'll go once every Sunday and sit down there, walk around the waterfront and just look, it's beautiful," said Dustin Obermark.

Obermark and his family live right in the middle of the redevelopment plan. The project extends from the Ohio river to Stansifer Avenue.

Developers hope to honor the area's industrial past, incorporating the old Colgate factory, Marathon plant and Water Tower Square into the future vision.

"What I would like to see, is something more for like the kids, like the Boys & Girls Club or maybe like a tumble bus right here on the waterfront," said Obermark.

That could happen down the road. Planners say a children's museum or aquarium are possible.

The project could create up to 650 jobs and have a potential future tax revenue of $46 million. Developers expect up to $210 million in private investments for the project. Part of the funding will come from "tax increment financing."